The impact of digital transformation on innovation performance - The mediating role of innovation factors

Existing digital transformation research has focused on economic and environmental performance, which few studies directly explored the relationship between digital transformation and innovation. Based on the innovation factor perspective, we explored the relationship between digital transformation and innovation by using firm data between 2009 and 2019. The findings are as follows: (1) The corporate digital transformation was measured through based on textual analysis methods and it was found that digital transformation can promote corporate innovation. (2) Knowledge flow, technical personnel, R&D investment, and innovation awareness are important mediating paths. (3) In the innovation quantity dimension, the…